Apple Loses Round In Stolen Gift Cards Lawsuit

Courthouse News reports:

Apple will have to face claims the company profited off of criminal enterprise schemes featuring stolen gift cards after a federal judge declined to dismiss claims the company benefited monetarily from sophisticated schemes that employ fake apps to swindle consumers.

U.S. District Judge Edward Davila dismissed some of the claims from a class of plaintiffs that said Apple aided in the fraudulent schemes, but he did say plaintiffs plausibly alleged the company did receive some of the proceeds from the fraud and failed to appropriately reimburse the victims.

The Federal Trade Commission estimates criminals stole $30 million through gift card scams in 2020 alone. The previous year, it was an estimated $24 million.

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Judge finds Apple may have benefited from gift card theft scheme @MatthewCRenda https://t.co/XOyxZZgFP8

— Courthouse News (@CourthouseNews) June 14, 2022